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How to Build Deposits with a Merchant Services Program
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"How to Build Deposits with a Merchant Services Program"

Learn how your credit union can leverage a merchant services program to capture a new stream of deposits that, on average, carries 2x the balance of member checking accounts.

As dwindling deposits cast a shadow over the financial industry, your credit union may find itself fighting for every dollar. Consumers are increasingly abandoning traditional checking accounts for higher yield alternatives.

This exodus leaves credit unions challenged to maintain liquidity and unable to leverage their cheapest source of funding for loans.

Start exploring this strategic deposit-building move while your competitors battle for consumer deposits. Download this white paper to learn:

  • What the merchant services strategy is
  • The deposit base and revenue benefits for your credit union
  • Elements of an attractive merchant services program

Offered Free by: Elan Advisory Services
See All Resources from: Elan Advisory Services


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